Question: 1-1 Define strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process. 1-2 Describe the competitive landscape and explain how globalization and technological

1-1 Define strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process. 1-2 Describe the competitive landscape and explain how globalization and technological changes shape it. 1-3 Use the industrial organization (1/0) model to explain how firms can earn above-average returns. 1-4 Use the resource-based model to explain how firms can earn above-average returns. 1-5 Describe vision and mission and discuss their value. 1-6 Define stakeholders and describe their ability to influence organizations. 1-7 Describe the work of strategic leaders. 1-8 Explain the strategic management process

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